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Amid worsening inflation, Russia is preparing to cap prices on staple food items, a move analysts say signals a shift toward ...
The IMF now expects Russia's economy to grow 0.9% in 2025, down from the 1.5% it had projected in April.
In July, Russia's manufacturing sector posted its steepest contraction in three years.
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
Russia’s private sector output contracted in July at the fastest pace since October 2022, with both manufacturing and ...
Friday marked the second-straight time the Bank of Russia cut its interest rate after it lowered borrowing costs in early ...
Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that "inflation has really subsided markedly over the past few months. The ...
Russia’s economy is weakening beneath wartime spending and sanctions pressure. With banking stress rising, oil revenue shrinking, and Trump’s new ultimatum looming, the cracks are now impossible to ...
The president had been on something of a winning streak. But when faced with facts and foes that wouldn’t bend to his will, ...
The U.S.-based International Monetary Fund says global economic growth will be better than expected despite a slowdown in the ...
U.S. President Donald Trump fired the U.S. commissioner of labour statistics after weak jobs numbers signaled tariffs weren’t yet leading to his promised economic boom.